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Business headlines with summaries.
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Money in transaction accounts costing New Zealanders billions
1 Jun 2025New Zealanders could be leaving their share of more than $1b a year on the table by keeping their cash in transaction accounts.
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Countdown on for 2025 ski season
31 May 2025A North Island ski field is opting for a soft launch this weekend, while snow guns are blazing down south.
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How do I know what to offer for a house - Ask Susan
31 May 2025RNZ's money correspondent answers your questions. Send them to susan.edmunds@rnz.co.nz
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Aquaculture animal welfare code 'anti-Kiwi' - Oceans and Fisheries Minister
1 Jun 2025Shane Jones has ruled out the idea of a code to protect farmed fish, following SPCA calls for one.
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NZ King Salmon reduce harvest due to small, 'stressed' fish
30 May 2025It also cut its full year underlying profit guidance by about half .
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'No fault of our own': Couple left with $20,000 WFF debt
1 Jun 2025"Now they're taking $350 a fortnight out of our bank account .. we actually can't afford that," says Phoenix Ruka.
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ACC chair Tracey Batten resigns
ACC Minister Scott Simpson said the organisation is confronting challenging issues and expects to announce a turnaround plan in the next few months.
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Rocket Lab signs $460 million deal with US missile tracking tech company
30 May 2025Geost develops electro-optical and infrared technology used in missile warning and tracking, surveillance and reconnaissance.
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High food prices, 'tariff noise' cast shadow over consumer confidence
The five-point dip coincides with another drop in business confidence announced yesterday.
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'The King didn't want to see waste': Why Charles currency is taking so long
30 May 2025The King's coins will circulate alongside Queen Elizabeth's coins. Audio
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Watch: The 80-year story of home appliance store Magness Benrow
30 May 2025First opened in 1945, Auckland home appliance store Magness Benrow is still going strong.
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Pacific Edge posts full year net loss of $29.9 million
30 May 2025Cancer testing company Pacific Edge has posted another sizeable full year loss and will tap investors for more capital as it battles to regain federal health insurance coverage in its key US market.
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Here's how much falling interest rates are helping first-home buyers
30 May 2025A drop in home loan rates over the past year is making a first-home mortgage hundreds of dollars cheaper each month.
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Is it time to lock in a longer home loan fix?
The Reserve Bank cut the OCR again on Wednesday, and banks are offering a range of terms just below 5 percent.
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How the Reserve Bank decides the OCR
29 May 2025The setting of the Reserve Bank's monetary policy committee meetings to set the official cash rate every six weeks or so is the closest New Zealand has to a Papal Conclave.
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Are borrowers missing out if banks don't fully pass on the OCR cut?
29 May 2025The Reserve Bank cut the official cash rate on Wednesday by 25 basis points.
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Fonterra boss blames soaring butter prices on global demand
29 May 2025Miles Hurrell says he understands frustration about the price of butter, but that the co-op has to deliver for farmers.
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Farmers in for bumper dairy season as Fonterra reveals big forecast
29 May 2025Farmers are in line for another bumper dairy season after Fonterra revealed its opening forecast for the new season.
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Are credit card rewards schemes worth it?
29 May 2025Credit card reward schemes are likely to be scaled back further as pressure goes on interchange fees, Consumer NZ says.
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Regional airlines hanging on in a high-risk business
29 May 2025The small plane routes that keep our country connected are becoming increasingly fragile links.
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Tariff uncertainty prompts agricultural businesses to seek new markets
28 May 2025New Zealand agriculture can no longer relay on its usual international customers.
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Mainfreight full year net profit at $274.3 million
29 May 2025Transport heavyweight Mainfreight full year net profit is up by nearly a third on the year earlier, with the Australian business the largest generator of revenue and profits.
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'Worrying': Businesses fear speaking out on high energy costs
29 May 2025Many businesses fear jeopardising future energy contracts if they are critical which is troubling, the Auckland Business Chamber boss says.
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